Got a product that will bring in the bucks? Use it to get a loan based on your future sales. Definition or Explanation: Royalty financing is an advance against future product or service sales. The advance is paid back by diverting a percentage of the product or service sales to the investor who issued the…read more

If you’re buying a fixed-asset like land, buildings or long-term equipment, look into a 504 loan. What It Is: Established in 1986, the 504 Loan Program provides long-term, fixed-rate financing for major fixed assets, such as real estate, facilities construction or expansion, or other fixed-asset needs. 504 loans are made through Certified Development Companies (CDCs)….read more

All Things Greecey is my video blog. I am documenting the building of my business. I started a proprietary line of quick lubes which I largely bought with either very little money or no money. http://www.kapothanasis.com/book/ Pre-Order a copy of “Zero Down Business” How to buy an existing business with little to no money. http://www.kapothanasis.com…read more

All Things Greecey is my video blog. I am documenting the building of my business. I started a proprietary line of quick lubes which I largely bought with either very little money or no money. http://www.kapothanasis.com/book/ Pre-Order a copy of “Zero Down Business” How to buy an existing business with little to no money. http://www.kapothanasis.com…read more

You’re early stage, the bank is ignoring your pleas–what do you do? Find an investor to guarantee your loan. Definition or Explanation: A guarantee of payment that stands behind an early-stage company and enables it to take out a loan from a bank. Conceptually, private guarantees play the same role as an SBA loan guarantee….read more

The SBA’s got your back. With an SBA-guaranteed loan, they’ll guarantee as much as 80 percent of the principle. What It Is: Term loans from a bank or commercial lending institution of up to 10 years, with the Small Business Administration (SBA) guaranteeing as much as 80 percent of the loan principal. Appropriate for: Established…read more

Go with old reliable and get a business loan from the bank. Definition or Explanation:Term loans are the basic vanilla commercial loan. They typically carry fixed interest rates, and monthly or quarterly repayment schedules and include a set maturity date. Bankers tend to classify term loans into two categories: Intermediate-term loans: Usually running less than…read more

Use your assets — like accounts receivable and inventory — -to help you land funding. What It Is: Asset-based loans are usually from commercial finance companies (as opposed to banks) that are offered on a revolving basis and collateralized by a company’s assets, specifically accounts receivable and inventory. Appropriate for: Companies that may be rapidly growing, highly leveraged, in…read more